Dec 28, 2008

How Much Should You Pay A Bookkeeper?

An increasing number of smart business owners understand the benefits of outsourcing a bookkeeper.Contact us for more details

You can hire a bookkeeper starting at about $20.00 an hour in Gawler. However, you get what you pay for. Many businesses don’t want to hire someone full-time, but most people want a full-time job. So, possibly the most desirable people with the skills you are looking for are not wanting something part-time.

Outsourcing your bookkeeping works very well.

Bookkeepers are required to do different things for different clients. For some its just data entry, like keying in data from check stubs, to bank recs. Others may need a bookkeeper to do payroll taxes, etc. Many accountants employ bookkeepers at around $25.00 and charge their clients $150 per hour for their services depending on what is required.

Experienced bookkeepers will more than likely charge more, but you’ll find they do twice the work as those charging half the rate. It is often worth paying more if your bookkeeper will be in charge of your books. A competent, efficient bookkeeper will charge you for less hours and will save you money and time in other ways. On the other hand, if your bookkeeper will be doing pure data entry, then you’ll be paying around $30 per hour.Contact us for more details

If you want to find someone for as little pay as possible - check with your local college, there are always students looking for part-time work and the opportunity to get a reference. If you want to pay someone a bit more and feel more comfortable that they are doing it right and not having to train them, etc. then consider outsourcing.

You may be short of office space, so don’t think that you have to hire anyone to actually work at your premises, they can pick up and drop off. Or you could mail / courier the documentation time and gas to drop paperwork off or have someone pick it up. And with remote systems today, people can work straight from your computer via the internet.

Hiring a Bookkeeper
You’d think it would be easier to find bookkeepers. Where are they, and when you do find them, how do you hire the best bookkeeper for your business?

Keeping track of your company’s financial data is vital. In fact, it’s so important that you can’t just leave it to chance. You need someone in charge of your books who has the training and experience to get the job done right. But finding a quality bookkeeper can be a challenge - unless you know what to look for.

Bookkeepers aren’t necessarily accountants. Accountants can provide financial advice and recommendations, whereas a bookkeeper’s job includes things like processing invoices, recording expenses and income, reconciling bank statements, and administering payroll.

Bookkeepers can be hired on a part-time, full-time, or even contact basis depending on the needs of the business. But no matter what kind of arrangement you decide to go with, your bookkeeper needs to meet certain basic qualifications.

Talk to potential bookkeepers about your business and your needs. An experienced bookkeeper should be able to relate to the specific issues you are facing and should have ideas as to how to address them.

Ask your potential bookkeeper what types of companies they have worked with. It is helpful to find a bookkeeper who has experience with companies similar to yours.

Inquire about their hours. Many bookkeepers work part-time or from home. This is not usually a problem, but it is important to make sure your bookkeeper will be available when you need bookkeeping services. For more information contact us